How important is policy compliance?

March 6, 2020


Q. It is understood that policy compliance is important, but to what extent? What agencies or internal audit groups would have the most interest? What could the financial ramifications be for non-compliance? A. (From the IOFM Advisory Panel) ----- First, I want to emphasize that policy compliance is critical. Most of us don’t want to believe that any employee would commit fraud, and we want to trust our employees. But the reality is, without policy compliance, your organization would send a…

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